Sheriff’s Sale

A Sheriff’s Sale is a public auction where a property is sold to recover unpaid debts, typically due to the homeowner’s failure to pay a mortgage or taxes. When a borrower defaults, the lender may obtain a court order allowing the property to be sold at auction. The Sheriff or another official conducts the sale, and the highest bidder wins. Proceeds from the sale are used to pay off the debt. This process helps protect creditors’ rights and provides a legal way to resolve unpaid obligations, often involving homes, foreclosure, or tax delinquencies.